Kinston Ecumenical Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 328,576 | 342,703 | −14,127 | -4.3 | 11% |
| 2020 | 345,288 | 313,125 | 32,163 | -3.7 | 12% |
| 2021 | 335,257 | 380,384 | −45,127 | -4.6 | 11% |
| 2022 | 353,199 | 311,878 | 41,321 | -3.0 | 11% |
| 2023 | 372,672 | 328,170 | 44,502 | -1.2 | 8% |
In its most recent public year (2023), this organization brought in $44,502 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), up from -4.3 in 2019. Staff pay was 8% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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